Establishment of Bank Accounts. On or before the Exchange Note Issuance Date, the Servicer will establish four segregated trust accounts, each in the name of the Indenture Trustee at a Qualified Institution or a Qualified Trust Institution, to be designated as:
Appears in 21 contracts
Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2015-B), Servicing Agreement (Ford Credit Auto Lease Trust 2015-B), Servicing Agreement (Ford Credit Auto Lease Trust 2013-A)
Establishment of Bank Accounts. On or before the Exchange Note Issuance Date, the Servicer will establish four five segregated trust accounts, each in the name of the Indenture Trustee at a Qualified Institution or a Qualified Trust Institution, to be designated as:
Appears in 1 contract
Samples: Servicing Agreement (CAB West LLC)